Income & Economy in Canton city, MN (55922)
Median Income
$60,000
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+61
Wealth inflow
Population
853
Unemployment
4.9%
1.2pp above US avg
IRS migration statistics show a net inflow of about 61 for ZIP 55922 (Canton city, MN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 55922 (2020–Present)
Since 2020, population declined 28.7%, median income rose 1.9% (inflation-adjusted), home values decreased 4.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $60,000 |
| Unemployment | 4.9% |
| Establishments | 13 |
| Employees | 34 |